309 S 4th Street, Columbus, OH 43215

New Listing
$9,500,000
Property Type: Multi-Family Lot Size (sq. ft.): 11,326 Status: Active
Current Price: $9,500,000 List Date: 11/14/2025 Last Modified: 11/18/2025

Description

The Mercantile is a fully refurbished historical building featuring original exposed timber beams and top of the line architectural features throughout. Boasting total of 41 units, 5 of which are luxury penthouses (with gas appliances) and 3 commercial units. The landmark building includes 2 elevators, front lobby reception, underground storage, fitness center, cutting edge security features, a rooftop that can be developed into iconic retail space or additional tenant amenities and parking lot including 30 spaces. Standard finishes include quartz counters, stainless appliance packages, in-unit laundry, wood floors, and LED backlit mirrors. 100% property tax abatement in place until 2034. 3 total parcels included in sale. Property flyer attached with additional buildings specs. Agents please see A2A for additional info

Supplements: ********

More Information MLS# 225043059

Location & Property Info

List Price/SqFt: 214.27 City (Mailing Addr): Columbus Corp LimitPerAuditor: Columbus

Office/Contract Info

For Sale: Yes Exchange: No

General Property Info

# of Buildings: 1 Built Prior to 1978: Yes Total Parking: 30 Building Sqft: 44336 Number of Units: 41 Year Built: 1902 Acreage: 0.26

Tax Info

Addl Parcel Numbers: 010-286240-00 & 010-044130-00 Tax Abatement: Yes Abatement End Date: 2034-01-01 Taxes (Yrly): 39866 Parcel #: 010-044614 Tax Year: 2024

Remarks & Misc

Property Description: The Mercantile is a fully refurbished historical building featuring original exposed timber beams and top of the line architectural features throughout. Boasting total of 41 units, 5 of which are luxury penthouses (with gas appliances) and 3 commercial units. The landmark building includes 2 elevators, front lobby reception, underground storage, fitness center, cutting edge security features, a rooftop that can be developed into iconic retail space or additional tenant amenities and parking lot including 30 spaces. Standard finishes include quartz counters, stainless appliance packages, in-unit laundry, wood floors, and LED backlit mirrors. 100% property tax abatement in place until 2034. 3 total parcels included in sale. Property flyer attached with additional buildings specs. Agents please see A2A for additional info

Income/Expenses

Gross Income: 0 Net Operating Income: 0 Total Expenses: 0

Addl Acceptance Cond

None Known: 1

1 Bedroom

1 Bedroom # of Units: 21

2 Bedroom

2 Bedroom # of Units: 12

Construction

Brick: 1

Heat Fuel

Electric: 1 Gas: 1

Parking Features

Assigned: 1

Water Source

Public: 1

Sewer

Public Sewer: 1

Other

Other # of Units: 8

Miscellaneous

Security System: 1 W/D Hookups: 1

Tenant Pays

Electricity: 1

Auction Info

Auction/Online Bidding Y/N: No

Heating

Forced Air: 1

New Financing

Assumable: 1 Conventional: 1

Air Conditioning

Rooftop: 1

Owner Pays

Water: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 9500000 List Price: $9,500,000 Property Sub Type: Midrise Street #: 309 Street PreDirection: S Street Name: 4th Street Suffix: Street County: Franklin State: OH Zip Code: 43215 School District: COLUMBUS CSD 2503 FRA CO. Township: None

OfficeContract Info

Status: Active MLS Entry Date: 2025-11-14

Property Features

Addl Acceptance Cond: None Known Parking Features: Assigned Owner Pays: Water Tenant Pays: Electricity Heat Fuel: Electric; Gas Heating: Forced Air Air Conditioning: Rooftop Construction: Brick Water Source: Public Sewer: Public Sewer Miscellaneous: Security System; W/D Hookups New Financing: Assumable; Conventional MLS Primary PhotoSrc: Realtor Provided
Listing Office: Red 1 Realty
Listing Agent: Roxy Ponce
Last Updated: November - 18 - 2025
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